Indigo Paints Targets 5% Market Share Amidst Sector Demand Recovery

C
CNBC TV18•18-02-2026, 10:19
Indigo Paints Targets 5% Market Share Amidst Sector Demand Recovery
- •Indigo Paints aims to achieve a 5% market share in the coming years, contingent on sector demand evolution.
- •The company plans to grow at approximately 2.5 times the overall industry growth rate as demand improves to higher single-digit levels.
- •Hemant Jalan, Chairman and MD, noted the sector is recovering from nearly two years of weak demand, with double-digit growth seen in November, December, and January.
- •Q3 profitability saw a marginal 1% increase year-on-year to ₹36.3 crore, impacted by a weak October.
- •Advertising strategy shifts from ATL to painter engagement programs, with overall margin-neutral impact.
✦
More like this
Loading more articles...





